Viager
Viager
Viager is a real estate financing arrangement similar to a reverse mortgage. A homeowner sells his home to another party, who pays an immediate down payment and regular monthly payments. The seller lives in the home as long as he chooses. When he moves or dies, the other party takes physical possession of the home. This arrangement is also called a reverse annuity mortgage or charitable remainder trust.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed | 4.39 |
| 5/1 ARM | 3.69 |
Rates may contain points
